EU: Greek debt talks reach technical, not political, agreement

European Commission

Brussels - Arab Today

The European Commission said Tuesday that Greece has reached a technical agreement "in principle" with its international creditors on a third debt bailout which now requires political approval.

"What we have at the moment is a technical level agreement... and small details need to be finalised. What we don't have is a political agreement," Commission spokeswoman Annika Breidthardt said after Greek officials in Athens announced an accord after lengthy talks.